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NEWS has local fallout Carterton dairy farmer Bryce Baron believes the drop is a bit of a reality check for farmers. He is also more optimistic than many over the current situation. “If you crunch your numbers right you can still make some money.” high debts to service. The farmers get hit first of course and then the community feels those effects. “Farmers in the Wairarapa have also been hit over the past three years with back-to-back droughts so it’s been a hard time.” Carterton dairy farmer Bryce Baron is into his third year 50/50 sharemilking and believes the drop is a bit of a reality check for farmers. He is also more optimistic than many over the current situation. “If you crunch your numbers right you can still make some money.” He admits it is harder; but is being sensible, putting discretionary spending on hold and has changed the way he’s operating. The drop in the dairy payout has come on top of a drop in the value of stock. “We have 400 cows; they were worth about $2400 now they are down to below $1400 that’s a loss of $400,000 in equity.” Despite the gloom and doom, Bryce believes you need the tough times to appreciate the good and is confident about the future. His confidence is shared by John Coveney, who says he feels sorry for farmers servicing large debts, but he believes there are still good opportunities for people to do well in farming. “They just need to keep things in perspective and stay optimistic.” MARS Bar Free ® with every Calform Plus 6 Pack. Because farmers need energy too! See participating veterinary clinics for details. Available while stocks last. Ph: 0800 927 733 MARS® is a Registered Trademark of the Mars group of companies and is used with its permission. 9641 The Dairyman JULY 2009 9